The Covid-19 crisis has had a devastating effect on the global economy and, while it may have been successful in suppressing the virus, Thailand is in no way immune to the economic fallout. A report in Nation Thailand today says the country’s banks are now clamping down on their lending, imposing stricter criteria on borrowing. PHOTO: Nation Thailand The Bank of Ayudhya is taking a tougher stance on lending to both old and new customers. New limits are being imposed on extending credit to old customers, while new ones will find it significantly harder to get a loan. While customers […]
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